News Overview

On 29 January 2022

On 9 February 2022

The budget must provide for this and should focus on interventions towards retention of students in the education system.

Being research-intensive, the pharma sector incurs significant amount on R&D. Providing fiscal (higher tax deductions) and non-fiscal incentives for R&D expenses will support higher investments in developing new drugs. Investments in novel and specialty drugs are subject to higher risk of failure leading to risk averseness.

Net profit up 33.77%

The domestic automotive industry was expected to post a recovery in FY2022 after witnessing two challenging years in FY2020 and FY2021 on account of the domestic industry slowdown and pandemic-induced challenges, respectively.

Much of the infrastructure financing in the country is currently supported by the banking sector.

Business Wire India Fourth-quarter revenue of $6.22 billion increased 6% sequentially and 13% year-on-year Fourth-quarter GAAP EPS of $0.42 increased 8% sequentially and 56% year-on-yearFourth-quarter EPS, excluding charges and credits, of $0.41 increased 14% sequentially and 86% year-on-year Fourth-quarter cash flow from operations was $1.93 billion and free cash flow was $1.30 billion Board approved quarterly cash dividend of $0.125 per shareFull-year revenue was $22.9 […]

Further, for annuity products, deduction for principal component should be allowed and only the interest accretion should be taxed similar to fixed deposits

The Mainland China share market finished session lower on Friday, 21 January 2022, as market participants locked in profits, with shares in technology and healthcare companies being notable losers after Chinas anti-graft watchdog pledged to investigate and punish any corrupt behavior found behind internet platforms and A U.N.-backed deal to produce cheap versions of a Covid-19 pill. At close of trade, the benchmark Shanghai Composite […]